> Universal Basic Income (UBI) is an unconditional cash payment, meaning given regardless of factors such as income level or race, subsidized by the government. UBI is often a staple and found in socialist and welfare countries/states. UBI’s purpose is to provide the citizens of a state or country with enough money to provide basic living necessities such as food, water, and shelter. Some claim UBI to be a solution to poverty and threats to jobs, such as artificial intelligence, while others claim it as fiscally and morally irresponsible.
Johanna Perkio, faculty member of the University of Tempere, author and […]
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